Future Group

In the Jeff Bezos vs Mukesh Ambani battle royale for the Indian retail market, which is now also evolving into a 'videshi vs swadeshi' battle, questions are being raised by corporate watchers. Eight absolutely unknown facts are emerging in the...

Kishore Biyani-led Future Retail on Monday indicated that it may challenge the interim order, wherein a Singapore arbitration court has directed to hold its deal with Reliance Retail Ventures Ltd (RRVL). In a statement, Future Retail said that all the...

E-commerce major Amazon has got a favourable ruling in Singapore regarding the Reliance Retail's buyout of the debt-laden Future Group as the deal has been temporarily stalled. Reliance Retail Ventures Ltd in a statement said that it has entered into...

The arbitration proceedings between Amazon and Kishore Biyani have begun in Singapore. Former Attorney General of Singapore, V.K. Rajah concluded arbitration hearing on Friday, October 16 and will deliver his ruling on or before Monday, October 26, sources said. Rajah, former...

US online retailer Amazon.com Inc has slapped a legal notice on Future Group, alleging that the retailer's Rs 24,713 crore asset sale to Reliance Industries violated an agreement with the e-commerce giant. "We have initiated steps to enforce our contractual...

In a major turn of events in the buyout of the businesses of the debt laden Future Group by Reliance Retail, e-commerce giant Amazon.com, Inc has stepped in and said that Future Group violated a contract with it by...

Future Retail Ltd on Monday reported a consolidated net loss of Rs 561.95 crore for the first quarter ended June 2020. According to a report: The company had posted a net profit of Rs 159.24 crore in the April-June quarter...

The Indian retail market is expected grow and reach US$ 1.4 trillion by 2023 at a compound annual growth rate (CAGR) of 10.7 percent between 2020-2023. Following the acquisition of Flipkart by Walmart in 2018, the fast-growing and lucrative...

Reliance Industries Ltd's acquisition of Future Group's consumer business will strengthen the retail footprint of India's largest organised retailer, Moody's Investors Service said on Wednesday. According to a PTI report: Last week, RIL announced that it will acquire Future Enterprise...

Reliance Industries Ltd's acquisition of debt-strapped Future Group will almost double the footprint of its retail business, which now is valued at up to US$ 68 billion, analysts said. According to a PTI report: The oil-to-telecom conglomerate on Saturday announced...